Associate Vice President, Business Development

Avenue5 Residential, LLC • Charlotte, NC

82d • Onsite

About The Position

Avenue5 is growing, and we are in search of an associate vice president, client strategy to join our dynamic team of Fivers! We are a vibrant third-party multifamily property management firm with locations across the United States. We are proud of our vibrant, inclusive, make-it-happen culture, where we: Listen to our associates, recognize them, and give them room to grow. Invest in our associates to help them become the best version of themselves. Approach every important decision with our associates in mind. Celebrate our associates’ successes and encourage them to raise the bar even higher.

Requirements

• Bachelor’s degree is required
• Five or more years of experience in multi-family property management client strategy, business development, or related field is required
• Three to five years of experience in RealPage and/or Yardi software is required
• Three to five years of experience with analyzing and underwriting market rate, affordable, value-add or lease-up properties is required
• Proficient in Excel
• Real Estate license as required by state or local law
• Ability to facilitate presentations concisely with strong visuals and solid analysis as well as be a persuasive presenter
• Proven track record of developing compelling business cases for clients
• Excellent ability to work effectively in a team atmosphere as both a role player and leader
• Ability to clearly and effectively articulate complex financial and strategic concepts on the spot
• Knowledge of market rate stabilized garden, mid-rise, and high-rise assets as well as lease-up development and value-add asset types
• Politically savvy with strong negotiation, problem-solving, and project management skills
• Understanding of property management industry trends, issues, and emerging technology
• Understanding of area key economic indicators and the impact on short and long-term strategies for different asset types
• Track record of accomplishments and high-impact results in Multifamily or other related industry
• Ability to work at both the strategic and tactical levels
• Demonstrated ability to prioritize and allocate resources in a dynamic, execution-oriented manner
• Advanced knowledge with Microsoft Office Suite including Outlook, Word, PowerPoint, and Excel skills
• Excellent written and verbal communication skills, with superb follow-up skills
• Ability to work independently and prioritize effectively in a fast-paced environment with a strong sense of urgency
• Strong organizational and time management skills
• Ability to create a climate in which associates want to exude their best by leading and communicating a shared vision with associates and providing coaching and development
• Ability to set goals and consistently meet deadlines
• Knowledge of federal fair housing laws and any applicable local housing provisions
• Ability to be always reachable via phone except during approved time off
• Ability to drive an automobile and maintain a current driver’s license and automobile insurance
• Other licenses and/or certifications are required by state law
• Required to complete and successfully pass the Avenue5 Fair Housing and Preventing Discrimination and Harassment training and other courses if assigned

Nice To Haves

• Knowledge of profit and loss statements, general ledgers, rent rolls, market surveys, balance sheets, cash flow projections, budgeting templates, etc. is preferred
• Familiarity with industry-related business intelligence tools is preferred

Responsibilities

• Direct and coordinate all phases of the company growth process including lead development, underwriting, market assessment, and identification of suitable assets to manage
• Responsible for assisting regional leadership in implementing a strategic plan for the pursuit of new business
• Ensure that the company and client financial and business objectives are being achieved
• Responsible for determining the operational and financial potential of prospective management opportunities
• Coordinate with regional leadership for potential deal analysis within their regions
• Provide financial underwriting and valuation assistance to new clients who are pursuing potential acquisitions
• Assist leadership with identifying market changes and procurement of new management opportunities
• Understand the market landscape including pricing trends, competitor strengths and weaknesses, new development pipeline, and related impact and client requirements
• Maintain an expert knowledge of features, functionality, and benefits for all Avenue5 products and services
• Participate in multifamily conferences and symposiums
• Perform other duties as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level